SO41 0NZ is a residential postcode situated on West Road, Milford On Sea, Lymington, SO41 with 16 addresses.
It ranks as the 606th largest and 801st most expensive of the 1,021 postcodes in the SO41 area.
The postcode contains a total of 16 properties: 16 houses.
SO41 0NZ is a residential postcode situated on West Road, Milford On Sea, Lymington, SO41 with 16 addresses.
It ranks as the 606th largest and 801st most expensive of the 1,021 postcodes in the SO41 area.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £582,564 for 3 bedroom freehold houses with a garden (1,173 ft2) to £1,141,801 for 5 bedroom freehold houses with a garden (2,927 ft2) .
Monthly rental prices range from £1,697 pcm for 3 bed houses to £2,760 pcm for 5 bed houses.
The gross rental yield is between 2.9% and 3.6%.
The average value per square foot is £409.
The last sale in SO41 0NZ sold for £725,000 on 26th August 2022. Since then prices are down an average of 14.7%.
The current average value in the postcode is £818,711.
The SO41 0NZ Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.8% | £818,711 |
| April 2025 | -2.7% | £859,671 |
| April 2024 | -5.4% | £883,647 |
| April 2023 | 1.1% | £934,437 |
| April 2022 | 15.9% | £924,607 |
| April 2021 | 10.1% | £797,680 |
| April 2020 | 0.7% | £724,514 |
| April 2019 | 2.1% | £719,471 |
| April 2018 | 3.7% | £704,605 |
| April 2017 | 7.2% | £679,250 |
| April 2016 | 6.5% | £633,651 |
| April 2015 | 6.5% | £595,212 |
| April 2014 | 5.9% | £558,632 |
| April 2013 | 5.6% | £527,385 |
| April 2012 | 0.3% | £499,298 |
| April 2011 | 1.9% | £497,563 |
| April 2010 | 8.1% | £488,060 |
| April 2009 | -11.6% | £451,619 |
| April 2008 | 1.9% | £510,943 |
| April 2007 | 0% | £501,213 |
The current average rental value in the postcode is £2,227.
The SO41 0NZ Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £2,227pcm |
| April 2025 | 3.5% | £2,172pcm |
| April 2024 | 4.6% | £2,097pcm |
| April 2023 | 13.5% | £2,006pcm |
| April 2022 | 7.7% | £1,767pcm |
| April 2021 | 8.4% | £1,642pcm |
| April 2020 | 1.8% | £1,515pcm |
| April 2019 | 1% | £1,489pcm |
| April 2018 | 2% | £1,474pcm |
| April 2017 | 1.4% | £1,445pcm |
| April 2016 | 3.4% | £1,426pcm |
| April 2015 | 3.4% | £1,379pcm |
| April 2014 | 6.3% | £1,333pcm |
| April 2013 | 7.2% | £1,254pcm |
| April 2012 | 2.4% | £1,170pcm |
| April 2011 | 2.4% | £1,142pcm |
| April 2010 | 5.6% | £1,116pcm |
| April 2009 | -6.1% | £1,056pcm |
| April 2008 | 1.4% | £1,125pcm |
| April 2007 | 0% | £1,109pcm |
The last sale was on 26th August 2022 for £725,000 and since then the market in the area has decreased by 14.7%. The postcode has had a total of 14 sales since 1995.
SO41 0NZ has seen no sales in the last three years and no sales in the last twelve months.
SO41 0NZ is the 606th largest and the 801st most expensive postcode out of the 1,021 postcodes in the SO41 area.
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The closest station to SO41 0NZ is New Milton station which is 4.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SO41 0NZ, 65.5% of property is privately owned outright and 19.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SO41 0NZ, 9.5% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SO41 0NZ, the average age was 56.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SO41 0NZ, 4.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SO41 0NZ, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.